I got this email in my email box today from "Annuity FYI."
The info on the link gets even better:
Just because you say they're low, doesn't mean they actually are low. It's important to be financially literate so you'll see through statements like these.
Pity the abysmal standing of cash today. Traditional savings accounts and money market funds pay almost nothing.
Is there any solution?
Fortunately, there is for some people. We like to call it the “Super Savings Account,” or sometimes the “Super Annuity.” It’s not actually an annuity but rather a liquid indexed universal life policy with annuity-like features that offers a respectable return on cash and a highly appealing equity feature for those who have at least $100,000 to invest and are in good health.
The info on the link gets even better:
The fees for the Super Savings Account are particularly low – about 1 to 1.5% annually for a healthy person and 2% for an older, (ages 70+) less healthy person.
Just because you say they're low, doesn't mean they actually are low. It's important to be financially literate so you'll see through statements like these.
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